Assistant Project Manager

About the role

At April Housing, we're building a team of bold, mission-driven professionals who are motivated by meaningful work and energized by collaboration. Our work supports a clear purpose of expanding access to high-quality housing, and each role plays an important part in advancing that mission.

You'll collaborate shoulder-to-shoulder with some of the most talented experts in the industry, gaining hands-on exposure that helps you grow your skills and broaden your perspective from the day one. Our environment is dynamic, fast paced and evolving, designed to support curious, ambitious people as they take on new challenges and develop capabilities that translate throughout their careers.

April Housing is a leading owner and operator of high-quality affordable housing across the United States. Founded in 2022 and headquartered in Los Angeles, we are a portfolio company of Blackstone Real Estate, supporting the affordable housing and LIHTC (Low-Income Housing Tax Credit) portfolio.

Our mission is clear: preserve critical affordable housing stock while delivering exceptional management and high-quality homes to the communities we serve. We are committed to being a fair, transparent, and responsible owner. Backed by Blackstone Real Estate enabling us to invest in the creation and preservation of affordable housing for the long run.

We are making a bold commitment to preserving affordable housing across the country. April Housing is dedicated to ensuring our assets aligned with high standards of excellence, including ongoing property improvements and elevated resident services. We're looking for individuals who share our commitment to excellence and believe in the impact that thoughtful, well-executed work can have on communities.

If you're driven by purpose, value collaboration, and are excited to grow while contributing to something meaningful, April Housing offers a place to build experience, expand your impact, and do work that matters.

The Assistant Project Manager's primary responsibility is to support the Preservation and Investment departments (under direction of Resyndication Project Managers and Head of Preservation) to complete Year 15 resyndications/acquisition and rehabilitation transactions.

Provides support to several Project Managers as needed in connection with acquisition/rehabilitation transactions, developing systems and processes to manage and track necessary documents and letters; communication across with internal staff; management of relevant consultants; management of construction and permanent loan closing due diligence and internal document review.

Identifies necessary information and assembles tax credit and tax-exempt bond applications and bond inducement packages. Prepares and submits funding draws to various financial institutions during the rehabilitation stage. Performs relevant aspects of due diligence review including reviewing preliminary title reports, appraisals, market studies, Physical Needs Assessments, and relocation plans.

Manages due diligence portion of closings. Gathers data required to analyze preliminary financial projections for potential transactions; updates projections as needed. Prepares construction bidding and contract materials. Analyzes funding competition and scoring of competitive applicants in connection with various sources.

Manages aspects of tenant relocation process (in collaboration with asset management, property management, and relocation consultants). Provides input, analysis, and recommendations for development team member selection, including contractors and construction managers. Represents April Housing at certain industry conferences.

Pay and benefits

Qualified candidates must have a Bachelor's degree and some related work or field work experience in matters related to affordable housing development such as residential architecture, finance, planning, construction, etc. Exposure to private and public debt financing. At least one successful LIHTC financial construction closing a plus.

Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion.

Good cause exists for a criminal background check because one of the material duties of this position requires access to sensitive financial information and confidential and proprietary information and accordingly requires the candidate to possess a high level of integrity and discretion. Base Compensation Range: $95,000.00 To $110,000.00 Annually.

This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience. Total Direct

Compensation

This job is also eligible for discretionary bonus and incentive compensation on an annual basis.